OMAB - Pangali EV/EBITDA Grupo Aeroportuario del Centro Norte

Regulatory amendment risks in Mexico and airline fleet disruptions are weighing on OMA (OMAB) margins. The historical EV/EBITDA trajectory helps track such fluctuations, where 9.05 serves as the final level marker. The business relies on the monopoly management of the Monterrey hub and its pricing power. Stability is ensured by the network of northern airports and growing passenger traffic.

As the operator of Mexican aviation hubs, OMA develops capital-intensive infrastructure where the enterprise value, including net debt, is compared against operating profit before depreciation and amortization. Analyzing the EV/EBITDA multiple for OMA allows investors to assess the real value of assets relative to their ability to generate cash flow, excluding the impact of tax shields and debt load on overall investment attractiveness.